RBI/2013-14/108
MPD. No. 366 /07.01.279/2013-14
July 1, 2013
Aashadha 10, 1935(S)
The Chairmen/Chief Executives of
all Scheduled Banks (excluding RRBs)
Dear Sir/Madam
Master Circular on Export Credit Refinance Facility
Please refer to Master Circular No.MPD No.356 /07.01.279/2012-13 dated
July 2, 2012 on the export credit refinance facility. This revised Master Circular
consolidates and updates all instructions/guidelines issued on the subject up to June
30, 2013. Instructions/guidelines issued on the subject are placed separately in the
Appendix. The Master circular has been placed on the Reserve Bank’s website
(http://www.rbi.org.in/).
Yours faithfully,
(Michael Debabrata Patra)
Principal Adviser
Encls.: As above
Master Circular on Export Credit Refinance Facility
Table of Contents
Para / Item No.
Particulars
Page No.
1.
Introduction
3
2.
Eligible Institutions
3
3.
Limit
3
4.
Interest Rate
3
5.
Margin Requirement
3
6.
Duration
3
7.
Collateral
3
8.
Minimum Amount of Availment
4
9.
Place of Availment
4
10.
Penalties
4
11.
Documentation
4
12.
Reporting Requirement
5
13.
Condition
5
14.
Annex
5
15.
Appendix
5
Annex I
Definitions
6
Annex II
Form of Agreement
7
Annex III
Reporting Formats
12
Appendix
List of Circulars
14
2
Master Circular on Export Credit Refinance (ECR) Facility
1.
Introduction
1.1 The Reserve Bank of India (RBI) provides export credit refinance facility to banks
under Section 17(3A) of the Reserve Bank of India Act 1934. This facility is given on
the basis of banks’ eligible outstanding rupee export credit both at the pre-shipment
and post-shipment stages. The quantum of refinance is fixed from time to time based
on the stance of monetary policy of the RBI.
2.
Eligible Institutions
2.1 All scheduled banks (excluding RRBs), which are authorised dealers in foreign
exchange and have extended export credit are eligible to avail of the export credit
refinance facility.
3.
Limit
3.1 At present, the scheduled banks are provided export credit refinance to the
extent of 50.0 per cent of the outstanding export credit eligible for refinance as at the
end of the second preceding fortnight. This limit was increased from 15.0 per cent to
50.0 per cent, effective fortnight beginning June 30, 2012, to enhance credit flows to
the export sector. The definition of outstanding export credit eligible for refinance is
given in Annex I.
4.
Interest Rate
4.1 Export credit refinance facility is available at the Repo Rate under the Liquidity
Adjustment Facility (LAF), as announced from time to time.
4.2 Interest shall be payable with monthly rests and the amounts of such interest
calculated on daily balances would be debited to the current account of the banks at
the end of respective month or earlier when the balance outstanding is wiped out.
5.
Margin Requirement
5.1 No margin is required to be maintained.
6.
Duration
6.1 The ECR is repayable on demand or on the expiry of fixed periods not exceeding
one hundred and eighty days, subject to a minimum tenor of one day.
7.
Collateral
7.1 RBI extends the export credit refinance against the Demand Promissory Note
(DPN) of banks supported by a declaration that they have extended export credit and
3
the outstanding amount eligible for refinance is not less than the loan/advance from
the RBI.
8.
Minimum Amount of Availment
8.1 The minimum amount of availment under this facility is Rupees one lakh and
multiples thereof.
9.
Place of Availment
9.1 This facility can be availed of at centres wherever the Reserve Bank has a
Banking Department.
10.
Penalties
10.1 In the event of a scheduled bank having irregular availment of export credit
refinance, a penal rate of interest as decided by the Reserve Bank from time to time
will be charged on the outstanding loan or loans.
10.2 An illustrative (but not exhaustive) list of instances on which penal rate would be
applicable for irregular availment of export credit refinance is set out below:
a) Utilisation of ECR exceeding the total limit.
b) Wrong calculation/reporting of refinance limit by banks.
c) Non-repayment of refinance within 180 days.
d) Delay in reporting excess utilisation by banks.
11.
Documentation
11.1 The banks have to execute the following documents for availing of export credit
refinance facility (Annex II):
a) A stamped agreement in Form No. DAD 297.
b) A Demand Promissory Note (DPN) in Form No. DAD 295 A.
c) Board Resolution in Form No. DAD 298 authorising the borrowing under the
scheme and also the officials who will execute loan documents on behalf of
the bank.
d) For enhancement of limit, a letter in Form No. DAD 299 which shall be
stamped as an agreement extending the agreement to the enhanced limit
together with consolidated Demand Promissory Note for the fresh limit.
The borrowing bank should submit to Reserve Bank of India, a fortnightly
declaration in form No.DAD.389 (Annex III) to enable Reserve Bank of India
to watch the position of the outstanding borrowings under the scheme in
relation to its outstanding export credit advances.
4
e) In terms of Para 7.30 of Banking Department Manual, Agreements and letters
of extension of limit need not be renewed so long as there is no change in the
terms thereof. Promissory notes given by the borrowing banks should,
however, be renewed within three years of their dates of execution
notwithstanding their outstandings in loan account.
12.
Reporting Requirement
12.1 The availing banks are required to report their outstanding export credit eligible
for refinance within five days from the relevant date in the format provided in
Annex III.
13.
Condition
13.1 It is essential that the outstanding borrowings at all times are fully covered by
the borrowing banks’ holding of export bills/amount of eligible pre-shipment
advances as reported in their latest declaration. If at any time it is found that the
total amount of bills held by banks/amount of eligible pre-shipment advances
covered by the declaration fall below the amount borrowed, the banks should
forthwith adjust or repay excess refinance from the RBI.
14. Annex
14.1 Definitions, Forms of Agreement and Reporting Formats pertaining to Export
Credit Refinance Facility are listed in Annex I, Annex II and Annex III, respectively.
15. Appendix
15.1 All the Circulars issued by the Reserve Bank of India related to Export Credit
Refinance Facility are listed in the Appendix.
5
Annex I
Definitions
In these guidelines, unless the context otherwise requires:
i.
"Fortnight" shall mean the period from Saturday to the second following Friday,
both days inclusive;
ii.
“Scheduled bank” means a bank included in the Second Schedule of the
Reserve Bank of India Act, 1934.
iii.
"Export Bills" means all export bills having a usance not exceeding 180 days
purchased/negotiated/discounted by the borrowing bank under letters of credit
or otherwise which are drawn in India or any country outside India which is a
member of the International Monetary Fund or any other country notified in this
behalf by the Bank in the Gazette of India would be eligible for inclusion in the
declaration to be furnished by it.
iv.
"Pre-shipment Credit" means the credit granted by banks to bonafide exporters
on the strength of letters of credit established by banks of good standing
abroad in favour of the local exporter or on the strength of firm export order and
the borrowing bank should ensure that the relevant documents are lodged with
it.
v.
"Export credit eligible for refinance" means the aggregate outstanding export
credit as on the last Friday of the second preceding reporting fortnight minus
Pre-shipment Credit in Foreign Currency (PCFC), Export bills
discounted/rediscounted under the scheme of 'Rediscounting of Export Bills
Abroad' (EBR), overdue rupee export credit and other export credit not eligible
for refinance, export bills rediscounted with other banks/Exim Bank/Financial
Institutions and export credit against which refinance has been obtained from
NABARD/EXIM Bank.
6
Annex II
Form of Agreement
DAD 297
Para 7.50
Form of agreement to be obtained from the Principal
Office of the scheduled bank for borrowings in respect
of bank finance for exports of goods (to be stamped as an
agreement in accordance with the law in force in each state)
The Reserve Bank of India
Dear Sirs,
In consideration of your agreeing to make from time to time, under section
17(3A) of the Reserve Bank of India Act, and on the terms and conditions contained
in the Memorandum attached to the circular DBOD.No.BM.78/C.297(M)-69 dated the
20th January 1969 advance in your discretion but not in any event exceeding the
sum (exclusive of interest) of Rs………….. for which amount we have delivered to
you a demand promissory note in your favour carrying interest at the rate hereinafter
mentioned, which advances shall be repayable on demand and shall be made upon
declaration in such forms as may be prescribed by you. We agree as follows:
(1)
The balance of the said advances at any time outstanding shall be repayable
by us to you on demand.
(2)
Each drawal of advances under this agreement shall have a maturity period
not exceeding 180 days and shall be repayable by us within the said period.
(3)
Interest shall be payable by us to you at such rate as may be notified by you
from time to time, with monthly rests and the amounts of such interest calculated on
the daily balances may be debited to the account of the said advances at the end of
each respective month or earlier when the balance outstanding is wiped out. It shall
be open to you to reimburse yourself with the amount of interest so debited by
charging the same to our current account with you.
(4)
We agree that in default of payment by us under the terms of clauses (1) and
(2) hereof, you may, but without any obligation on you so to do, debit our current
account with you for the amount due by us on account of the loan of advance
granted in terms of Section 17(3A) of the said Act.
(5)
We agree and undertake that the loan or advance granted by us to exporters
or other persons eligible for refinance in order to enable them to export goods from
India and drawn and outstanding at any time shall not be less than the outstanding
amount of the loan or advance obtained by us from you. We further agree to
maintain in your favour such margin as you may from time to time prescribe so that
the shortfall in the margin stipulated therein, we shall forthwith on demand by you
reduce the balance due to you by a cash payment so as to make good the amount of
margin required to be maintained.
7
(6)
We further agree that we will from time to time, while these advances continue
and whenever required by you to do so furnish you with such information regarding
the outstanding in the advances made by us in respect of export of goods eligible for
refinance and true reports in such as you may prescribe regarding the solvency of
the borrowers and agree to advise you promptly of any change in the position of any
such borrower which can be reasonably be considered to affect our security.
(7)
We hereby agree to execute on demand such documents as may be required
by you to create in your favour an overall charge on our book debts represented by
the advances made by us in respect of export of goods eligible for refinance or to
vest in you such security as are specified by you so as to render the same readily
saleable or transferable by you at any time.
(8)
We agree and undertake to pay interest at such higher rate as you may
decide, in the following cases; where
(a) Export Credit Refinance utilisation is in excess of the limit allowed,
(b) Refinance limits are calculated or reported wrongly,
(c) Drawals remain outstanding beyond 180 days on account of insufficient
fund in our account
(d) There is long delay in reporting about the excess or irregular utilisation by
us for the period of delay.
(9)
We also agree that this agreement and said demand promissory note for
Rs………… shall operate as a continuing security for the said advance
notwithstanding the existence of a credit balance at any time or any partial payment
or fluctuations of accounts or withdrawal of any part of the security.
Yours faithfully
For and on behalf of … … … … … …
(Name of the scheduled bank)
(Signature of authorised official)
(Designation).
Place:
Date:
8
DAD 295A
(On the letter head)
DEMAND PROMISSORY NOTE
(Export Credit Refinance Facility)
On demand, we, (Bank's Name), promise to pay to the Reserve Bank of India or
order
the
sum
of
Rs…………….(Rupees
…………………………………………………………) with interest at repo rates as
announced by Reserve Bank of India for export credit refinance facility at the time of
full repayment or at monthly rests whichever is earlier for value received.
Place:
For and on behalf of……
Date:
(2 Signatories & revenue stamp)
Names & Designation of both signatories
9
DAD-298
Para 7.71
Specimen of Board Resolution
A copy of the Board Resolution No. … … … …………………….. Passed at
the meeting of the board held on ……………………………..
"Resolved (i)
that the bank to borrow from the Reserve Bank of India in terms of Preshipment Credit Scheme and/or Export Bills Credit Scheme under
Section 17(3A) of the Reserve Bank of India Act 1934 upto the limit
that may be approved and upon such terms and conditions as may be
imposed by the Reserve Bank of India from time to time;
(ii)
that the following officers of the bank be and are hereby severally
empowered to execute and furnish the necessary agreements, loan
documents, declarations, statements and certificates on behalf of the
bank for the purpose of availing of the above mentioned facilities from
the Reserve Bank of India and such other instruments and documents
as may be required by the Reserve Bank of India in this behalf.
10
FORM 'D'
DAD-299
Date:
The Reserve Bank of India
Deposit Accounts Department
Mumbai-400 001
Dear Sir
With reference to the Agreement dated …………………….. we agree that in
consideration
of
your
agreeing
to
increase
the
limit
of
Rs………………….(…………………………………………………………………………
……………………) specified therein to a fresh limit of Rs………….
(Rupees
………………………………………………………………………) for which amount we
have delivered to you a consolidated demand promissory note, carrying interest at
……. p.a. with monthly rests, all the terms of the said agreement shall apply to and in
relation to the fresh limit of and the consolidated demand promissory note for
Rs……………..
(Rupees
……………………………………………………………….)
and the advances thereunder, as they apply to and in relation to the limit of and
demand promissory note for Rs…………..(Rupees ……………………………………)
and the advances thereunder.
Yours faithfully,
For and on behalf of
(Name of the scheduled bank)
11
Annex III
Reporting Formats
Form DAD 389
Name of the Bank
_______________________________________________
Statement showing the Export Credit Refinance Limit for the fortnight ended_______
PART – A
(Rs. in lakh)
1.
Outstanding Export Credit as on the last Friday of the
____________
second preceding reporting fortnight *
2.
Export Credit Refinance Limit (50 per cent of item no. 1)
____________
* Outstanding Export Credit for the purpose of working out refinance limits will be aggregate
outstanding export credit minus Export bills rediscounted with other banks/Exim Bank/Financial
Institutions, Export Credit against which refinance has been obtained from NABARD/Exim Bank,
Pre-shipment Credit in Foreign Currency (PCFC), Export bills discounted/rediscounted under the
scheme of 'Rediscounting of Export Bills Abroad' (EBR), Overdue Rupee Export Credit and other
Export Credit not eligible for refinance.
12
PART – B
Aggregate Export Credit Outstanding as on @
(Rs. in lakh)
1.
Aggregate Export Credit Outstanding
____________
of which (i) Export bills rediscounted with other banks/Exim Bank / Financial ___________
Institutions
(ii) Export Credit against which refinance has been obtained from ___________
NABARD/Exim Bank
(iii) Pre-shipment Credit in Foreign Currency (PCFC)
___________
(iv) Export bills discounted/rediscounted
'Rediscounting of Export Bills Abroad'
(v) Overdue Rupee Export Credit
under
the
scheme
of ___________
___________
(vi) Export Credit not accounted for above ( i to v) and not eligible for ___________
refinance*
2.
Outstanding export credit eligible for refinance
Item 1 minus {(i) + (ii) + (iii) + (iv) + (v) + (vi)}
___________
PART – C
Export Credit Outstanding as on @
(Rs. in lakh)
1.
Pre-shipment Rupee Export Credit **
(i)
Upto 180 days
(ii)
Beyond 180 days
Total ( i + ii)
2.
____________
Post-shipment Rupee Export Credit **
____________
(iii)
Upto 180 days
(iv)
Beyond 180 days
Total ( iii + iv)
3.
Total Rupee Export Credit (1 + 2)
____________
------------------------------------------------------------------------------------------------------------------------------------@ Aggregate Export Credit outstanding as on the last Friday of the second preceding reporting
fortnight.
* e.g. all the rupee export credits maturing beyond 180 days, the outstandings should be shown
against item 1(vi).
** Including overdues.
13
Appendix
List of Circulars
Sr.
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
Circular Number
DBOD.No.BM.2732/C.297/K-63 dated
March 13, 1963
DBOD.No.BM.78/C.297(M)-69 dated
January 20, 1969
DBOD.No.B.M.931/C.297P-69 dated
June 9, 1969
CPC.No.BC.45/279A-81 dated March
18, 1981
CPC.No.BC.46/279A-81 dated May
27, 1981
CPC.No.BC.60/279A-82 dated
October 25, 1982
CPC.No.BC.64/279A-83 dated
October, 1983
CPC.No.BC.77/279A-85 dated
October 25, 1985
CPC.No.BC.79/279A-86 dated August
1, 1986
CPC.No.BC.91/279A-88 dated April 2,
1988
CPC.No.BC.98/279A-89 dated March
27, 1989
CPC.No.BC.103/279A-90 dated April
12, 1990
CPC.No.BC.111/279A-91 dated April
12, 1991
CPC.No.BC.115/279A-91 dated
September 3, 1991
CPC.No.BC.116/279A-91 dated
October 8, 1991
CPC.No.BC.122/279A-92 dated April
21, 1992
CPC.No.BC.123/279A-92 dated April
23, 1992
CPC.No.BC.129/07.01.279/92-93
dated April 7, 1993
CPC.No.BC.132/07.01.279/93-94
dated October 11, 1993
CPC.No.BC.136/07.01.279/93-94
Subject
Export Bills Credit Scheme
Refinancing of Pre-shipment Credit
Refinancing under section 17(3A) of the Reserve
Bank of India Act, 1934 - Pre-shipment Credit
Scheme
Export Refinance.
Interest Rate on Export Credit Refinance
Changes in Interest Rate on Export Credit
Refinance
Export Credit Refinance
Export Credit Refinance
Export Credit Refinance- Change in Interest Rate
Export Credit Refinance
Export Credit Refinance
Export Credit Refinance
Export Credit Refinance
Export Credit Refinance
Export Credit Refinance
Rates of Interest on Export Credit Refinance
((Rupee) and Refinance for Post-Shipment Credit
denominated in US Dollars
Export Credit Refinance ((Rupee) and Refinance
Against
Post-Shipment
Export
Credit
Denominated in US Dollars
Export Credit (Rupee) Refinance and Refinance
Against
Post-Shipment
Export
Credit
Denominated in US Dollars
Export Credit (Rupee) Refinance and Refinance
against
Post-Shipment
Export
Credit
Denominated in US Dollars
Export Credit (Rupee) Refinance and Refinance
14
dated May 14, 1994
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
CPC.No.BC.144/07.01.279/94-95
dated April 17, 1995
CPC.No.3559/03.02.15/94-95 dated
April 20, 1995
UBD.DS.SUB.CIR.3/13.04.00/95-96
dated February 7, 1996
CPC.No.2101/03.02.01/95-96 dated
January 15, 1996
CPC. /03.02.01/95-96 dated February
7, 1996
CPC.No.3466/03.02.01/95-96 dated
April 4, 1996
IECD.No.10/04.02.01/96-97 dated
October 19, 1996
CPC.No.1067/03.02.01/96-97 dated
October 23, 1996
CPC.No.2652/03.02.01/96-97 dated
April 21, 1997
MPD.No.2035/03.02.01/97-98 dated
January 16, 1998
CPC.No.2662/03.02.01/97-98 dated
March 18, 1998
MPD.No.2932/03.02.01/97-98 dated
April 2, 1998
MPD.No.3121/03.02.01/97-98 dated
April 29, 1998
MPD.BC.No.177/07.01.279/97-98
dated June 11, 1998
MPD.49/03.02.01/98-99 dated July 8,
1998
MPD.BC.No.179/07.01.279/98-99
dated August 6, 1998
MPD.No.1018/03.02.01/98-99 dated
October 15, 1998
MPD.BC.No.182/07.01.279/98-99
dated March 1, 1999
MPD.BC.No.184/07.01.279/98-99
dated March 1, 1999
MPD.3278/03.02.01/99-2000 dated
April 1, 2000
MPD.3538/03.02.01/99-2000 dated
April 27, 2000
MPD.BC.No.198/07.01.279/2000-01
dated July 21, 2000
MPD.BC.No.200/07.01.279/2000-01
dated July 21, 2000
MPD.2992/03.02.01/2000-01 dated
against
Post-Shipment
Denominated in US Dollars
Export
Credit
Interest Rates on Term Deposits
Export Credit Refinance
Interest Rates on Advances
Refinance against Post-shipment Export Credit
denominated in US Dollars (PSCFC)
Export Credit Refinance
Export Credit Refinance
Interest rates on advances - Post-shipment
Rupee Credit
Export Credit Refinance
Export Credit Refinance
Reserve Bank Refinance
Interest Rates on Refinance Facilities from the
reserve Bank of India
Interest Rates on Refinance Facilities from the
reserve Bank of India
Refinance Facilities from the Reserve Bank of
India
Interest Rate on Export Credit
Export Credit Refinance
Interest Rate on Export Credit and Export Credit
Refinance
Fortnightly Statement showing Export Credit
Refinance Limits
Bank Rate and Export Credit Refinance Rate
Interest Rate on Export Credit and Export Credit
Refinance
Interest Rates on Export Credit Refinance and
Collateralised Lending Facilities
Liberalised Export Credit Refinance Facility
Bank Rate
Export Credit Refinance and Collateralised
Lending Facility
Standing Liquidity Facilities Scheme
15
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
April 21, 2000
MPD.3115/03.02.01/2000-01 dated
April 30, 2001
MPD.BC.No.213/02.01.279/2001-02
dated March 18, 2002
MPD.BC.No.223/07.01.279/2002-03
dated October 29, 2002
MPD.BC.No.232/07.01.279/2002-03
dated April 29, 2003
MPD.BC.No.243/07.01.279/2003-04
dated November 5, 2003
MPD.BC.No.246/07.01.279/2003-04
dated March 25, 2004
MPD.BC.No.247/07.01.279/2003-04
dated April 07, 2004
MPD.BC.No.252/07.01.279/2004-05
dated July 03, 2004
MPD.BC.No.270/07.01.279/2005-06
dated July 01, 2005
MPD.BC.No.275/07.01.279/2005-06
dated October 25, 2005
MPD.BC.No.278/07.01.279/2005-06
dated January 24, 2006
MPD.BC.No.281/07.01.279/2005-06
dated June 9, 2006
MPD.No.282/07.01.279/2006-07
dated July 12, 2006
MPD.BC.No.284/07.01.279/2006-07
dated July 25, 2006
MPD.BC.No.287/07.01.279/2006-07
dated October 31, 2006
MPD.BC.No.289/07.01.279/2006-07
dated January 31, 2007
MPD.BC.No.290/07.01.279/2006-07
dated March 30, 2007
MPD.BC.No.300/07.01.279/2007-08
dated June 11, 2008
MPD.BC.No.301/07.01.279/2007-08
dated June 24, 2008
MPD.BC.No.304/07.01.279/2008-09
dated July 29, 2008
MPD.BC.No.305/07.01.279/2008-09
dated October 20, 2008
MPD.BC.No.308/07.01.279/2008-09
dated November 3, 2008
MPD.BC.No.313/07.01.279/2008-09
dated December 6, 2008
MPD.BC.No.315/07.01.279/2008-09
dated January 2, 2009
Standing Liquidity Facilities Scheme
Export Credit Refinance Scheme
Export Credit Refinance Facility
Export Credit Refinance Facility
Rationalisation of Standing Facilities
Standing Liquidity Facilities for Banks for Export
Credit and Primary dealers (PDs): Rationalisation
Standing Liquidity Facilities for Banks for Export
Credit: Rationalisation
Master Circular on Export Credit Refinance
Facility
Master Circular on Export Credit Refinance
Facility
Standing Liquidity Facilities for Banks and
Primary Dealers (PDs)
Standing Liquidity Facilities for Banks and
Primary Dealers (PDs)
Standing Liquidity Facilities for Banks and
Primary Dealers (PDs)
Master Circular on Export Credit Refinance
Facility
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
16
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
82.
83.
84.
85.
86.
87.
88.
89.
90.
91.
MPD.BC.No.319/07.01.279/2008-09
dated March 4, 2009
MPD.BC.No.321/07.01.279/2008-09
dated April 21, 2009
MPD.BC.No.328/07.01.279/2009-10
dated March 19, 2010
MPD.BC.No.331/07.01.279/2009-10
dated April 20, 2010
MPD.BC.No.333/07.01.279/2010-11
dated July 2, 2010
MPD.BC.No.335/07.01.279/2010-11
dated July 27, 2010
MPD.BC.No.336/07.01.279/2010-11
dated September 16, 2010
MPD.BC.No.338/07.01.279/2010-11
dated November 2, 2010
MPD.BC.No.340/07.01.279/2010-11
dated January 25, 2011
MPD.BC.No.341/07.01.279/2010-11
dated March 17, 2011
MPD.BC.No.343/07.01.279/2010-11
dated May 3, 2011
MPD.BC.No.344/07.01.279/2010-11
dated June 16, 2011
MPD.BC.No.345/07.01.279/2011-12
dated July 1, 2011
MPD.BC.No.347/07.01.001/2011-12
dated July 26,2011
MPD.BC.No.348/07.01.279/2011-12
dated September 16, 2011
MPD.BC.No.350/07.01.279/2011-12
dated October 25, 2011
MPD.BC.No.354/07.01.279/2011-12
dated April 17, 2012
MPD.BC.No.355/07.01.279/2011-12
dated June 18, 2012
MPD.BC.No.356/07.01.279/2012-13
dated July 2, 2012
MPD.BC.No.359/07.01.279/2012-13
dated January 14, 2013
MPD.BC.No.361/07.01.279/2012-13
dated January 29, 2013
MPD.BC.No.362/07.01.279/2012-13
dated March 19, 2013
MPD.BC.No.364/07.01.279/2012-13
dated May 3, 2013
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary
Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Master Circular on Export Credit Refinance
Facility
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Export Credit Refinance Facility (ECR):
Relaxation
Master Circular on Export Credit Refinance
Facility
Special Export Credit Refinance Facility
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
Standing Liquidity Facilities for Banks and
Primary Dealers
17